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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023. RFID tags can reduce out of stocks by up to 80.3%

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Circular Economy and Information Sharing – The Role of Logistics

The Logistics & Supply Chain Management Society

Circular Economy and Information Sharing – The Role of Logistics Feature Article by Beverly Lege , Research Associate and PhD Candidate at Hamburg University of Technology, Institute of Business Logistics and General Management, Thomas Twenhöven , PhD Candidate at Kuehne Logistics University and Prof.

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The internet of (supply chain) things

Kinaxis

In a 2014 study, 46% of manufacturing executives didn’t know what the internet of things was. Last year, Deloitte University Press published an article on the Internet of Things titled “Forging links into loops: The Internet of Things’ potential to recast supply chain management”. These are all examples of the internet of things.

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Global Independence: Reimagining the “What if Scenario”

NC State SCRC

The goal should be to maintain domestic sources where doing so makes sense in terms of national security and to create a global network of trusted suppliers willing to become part of the blockchain / visibility network” (p.78, Action is needed to verify multi-tier supplier networks and map out the risk associated with lower-tier suppliers.

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Guest Blog – How To Identify Supply Chain Barriers To Boost Efficiency?

Gravity Supply Chain

As suggested by experts, the very first step in identifying these barriers is to understand the various components of the supply chain, which includes understanding the roles of suppliers, manufacturers, distributors, retailers, and customers. Furthermore, aging is again a leading factor that stops skilled people from entering the workforce.

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Unpacking Supply Chain Traceability: A Comprehensive Guide

RFgen

In this article, we will provide a comprehensive guide to supply chain traceability, including its importance, benefits, challenges, and how it works. Raw Material Tracking Traceability from the raw materials stage through the consumer tracking stage enables lean manufacturing and gains in productivity.

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Is It a Good Idea to Invest in Hiring a Purchasing Manager?

Precoro

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. In the article, we look critically at the role of the purchasing manager and discuss how to determine the value of hiring one.